Forwarded from {VVIP} Accurate Trades 💎
👀 Yesterday, I pointed out to you the enormous passive demand for BTC in the $50,000–$60,000 range. And today, we’re already seeing a sharp drop in price toward that zone.
🔥 The nearly 5% drop in the price of BTC generates a profit of $224,300.
🔥 The nearly 5% drop in the price of BTC generates a profit of $224,300.
Forwarded from {VVIP} Accurate Trades 💎
#XAGUSD
#Silver is finding crucial support at the 61 level. A bounce from this zone could see price target the following resistance levels: 73.09, followed by 78.82 and 83.05. However, if price gets rejected at resistance, the bearish Scenario C remains in play, potentially driving a move down toward the 55 area.
#Silver is finding crucial support at the 61 level. A bounce from this zone could see price target the following resistance levels: 73.09, followed by 78.82 and 83.05. However, if price gets rejected at resistance, the bearish Scenario C remains in play, potentially driving a move down toward the 55 area.
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#BTC/USDT ANALYSIS
Bitcoin is consolidating within a descending broadening wedge pattern and is currently holding above a key horizontal demand zone.
As long as this support level remains intact, a bullish rebound and upward rally remain likely.
However, a breakdown below the demand zone would weaken the structure and could lead to further downside in the market.
Bitcoin is consolidating within a descending broadening wedge pattern and is currently holding above a key horizontal demand zone.
As long as this support level remains intact, a bullish rebound and upward rally remain likely.
However, a breakdown below the demand zone would weaken the structure and could lead to further downside in the market.
#ETH/USDT ANALYSIS
ETH is trading inside a large symmetrical triangle on the 3 day timeframe. Price recently tapped the ascending trendline support and has shown a strong bounce, indicating buyers are defending this key zone.
As long as ETH holds above the lower trendline, a move toward the triangle resistance around the $2,300–$2,500 area is possible. A breakout from this pattern could trigger a much larger bullish move, while a breakdown below support would invalidate the bullish outlook and signal further downside.
ETH is trading inside a large symmetrical triangle on the 3 day timeframe. Price recently tapped the ascending trendline support and has shown a strong bounce, indicating buyers are defending this key zone.
As long as ETH holds above the lower trendline, a move toward the triangle resistance around the $2,300–$2,500 area is possible. A breakout from this pattern could trigger a much larger bullish move, while a breakdown below support would invalidate the bullish outlook and signal further downside.
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